We are pleased to present an ideally situated double vacant lot in the Westlake submarket of Los Angeles. The property is comprised of two APN's allowing a developer the ability to create two separate projects or one larger development. APN:5160-014-012 & 013. Total land area is 9,600 square feet. Previously approved plans for a 20-residence market rate apartment development would need to be brought to current codes. The property is situated in a Transit Oriented Communities, TOC, housing incentive program. The TOC guidelines allow for a variety of density and FAR increases while only requiring one parking space per residence, regardless of the bedroom count. Lastly, ownership has also recently submitted case filing VTT-73168-SL for six small lot ordinance homes. The small lot project is pending a public hearing date.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
